Korea, the first Asian country that reached the agreement with a group of five countries in Central America, required them to implement the free trade agreement. Among the five countries, Nicaragua finished its internal procedure to implement the FTA.
Chile Celebrates 22nd Anniversary of FTA with South Korea; Projects 2026 as Year of Consolidation
Having surpassed two decades since the signing of the agreement, bilateral trade concluded 2025 with a total exchange of USD 6.801 billion.



